Bai, Jianqiu; Shang, Chenguang; Wan, Chi; Zhao, Yijia - In: Journal of business ethics : JBE 181 (2022) 2, pp. 495-518
We show that social capital has a strong mitigating effect on financial adviser misconduct in the United States. Moreover, advisers who have committed misconduct are also more likely to relocate to counties with a relatively lower level of social capital than that of his previously residing...
